Wealth-Building Made Simple

Investing Opportunities around the $39 Billion CHIPs and Science Act

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Summary notes:

  • The Act provides grant money for semiconductor companies to build chip manufacturing plants here
  • Why? AI is the future and Data is the new oil.  Computer chips are like neurons in the human brain. Neurons are the cells that process and transmit information through electrical, optical, and chemical signals.  The more neurons (or chips) you have, the more intelligence you have access to.  
  • Right now the world mostly gets their chips mostly from Taiwan which is right next to China and likely will get absorbed into China like Hong Kong.  
  • It would not be wise to allow China to be in charge of providing the Neurons (chips) for the brains of competing economies.  They could literally retard the US growth at will if they wanted.  

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    Wealth-Building Made SimpleBy Phillip Washington Jr.
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